A significant portion of law today revolves around business, commerce and ethics. Commercial awareness is one of the key skills that a good and competent solicitor needs to master.

The Law Society of Scotland has identified commercial awareness and professional ethics as key vocational skills. They form part of the Society's PEAT1 learning outcomes and are taught on the Diploma of Legal Practice. This text is the first to cover all of the Law Society's requirements in a single book.

It is also designed to provide an invaluable guide to practitioners who wish to develop their own commercial and business skills. Whether working as a sole practitioner on the high street or as part of a national or even global firm; every lawyer needs to understand how their actions affect their firm's ability to win business, grow profits and keep a healthy cash flow.